IMA

The UK Structured Products Association (SPA) has branded the IMA "misleading" after the trade body criticised complex structured products for their "hidden risks".

The Cautious Managed sector has topped the IMA's best retail sales chart in April for the first time since November 2007.

Joanna Faith asks fund of fund managers to recommend their top offshore vehicles.

Assets under management within fund of funds have reached a record level of £46.5bn, according to the IMA.

Premier Asset Management has renamed its Absolute Growth fund and switched its IMA sector classification to more adequately reflect the fund's new investment remit.

A total of 91 offshore funds will be added across 17 sectors of the Investment Management Association's classification system today.

Investment trusts can give clients good value for money without impacting on potential investment returns.

Strategic Bond funds were the best sellers amongst retail investors in February as they continued to rotate out of plain vanilla Corporate Bond vehicles.

The IMA has applauded the Government's move to amend tax rules it says is forcing groups to domicile funds away from the UK.

Up to 180 offshore funds will be listed in IMA sectors from 1 April, with the majority already admitted set to reside in the Specialist category.